View attachment 219671
NCM with Su Hanjin in happier time. Su is one of the Fujian gang who laundered billions.
He is the famous acrobatic jumper like Jackie Chan..:
https://www.channelnewsasia.com/sin...ho-jumped-balcony-gets-14-months-jail-4242286
Billion-dollar money laundering case: Man who jumped off balcony gets 14 months' jail
Su Haijin is the second of 10 offenders arrested during police raids last August to be convicted
The court heard that on the day of the raids on Aug 15, a team of police officers arrived at Su's residence at 16 Ewart Park and identified themselves to his eldest son.
The son later led them to the bedroom, but the door was closed and locked. The son asked Su to come to the door, but Su did not do so. Instead he asked his son who the men with him were.
The team of officers identified themselves and asked Su to open the door, warning him that they would breach the door to enter. They did so eventually but could not find Su.
Investigations later revealed that Su had jumped from the second-floor balcony to the ground floor. He fractured both feet and injured his wrist, but managed to hobble down a flight of steps and escape through a side gate.
He hid in a drain where he was later found and arrested.
About S$170 million worth of assets consisting of cash, vehicles and luxury items were seized from Su.
Separately, Su was the director and sole shareholder of Yihao Cyber Technologies, whose business was listed as the development of software and applications.
Investigations showed that the company, incorporated on Jan 3, 2017, did not have legitimate operations in Singapore. Even though it had a registered address in the Marina area, Su only used the address to receive mail. The premises were occupied by another company.
Su used Yihao Cyber Technologies to open corporate bank accounts with OCBC, DBS and UOB.
Su was first issued with an employment pass by Ministry of Manpower for his role as a CEO of Yihao Cyber Technologies on Aug 29, 2017.
Investigations found that the revenue declared in the company's financial statements for the financial years (FY) 2019 to 2022 were fictitious. Between 2019 and 2022, Su conspired with Wang from LW Business Consultancy to prepare false documents, including financial statements and business agreements.
Yihao Cyber Technologies’ financial statement for FY2021 was submitted to banks DBS, UOB and OCBC and also used to obtain further renewals of Su's employment pass and other official purposes.
In 2021, the company received S$2,396,943.20 in its OCBC account from an overseas company involved in remote gambling operations. Su claimed the money was from providing IT, website maintenance or development services but there was no evidence to substantiate his claims.
Su later withdrew S$2,348,251.25 from this account and dissipated the sum into the DBS and UOB accounts.
By the time of his arrest, only around S$1.4 million was seized from the DBS and UOB accounts.
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